Search for: "Community Residential Mortgage"
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17 Feb 2015, 8:48 am
The defendants were responsible for securing more than $26 million in residential mortgage loans on over 30 homes purchased through straw buyers. [read post]
16 Apr 2007, 3:24 am
Freddie Mac: Federal Home Loan Mortgage Corporation (FHLM); a federally-chartered corporation that purchases residential mortgages, securitizes them, and sells them to investors; this provides lenders with funds for new homebuyers. [read post]
20 Apr 2020, 7:34 am
However, Governor DeSantis’s Executive Order 20-94 effectively halted all “mortgage foreclosures” in Florida for 45 days. [read post]
20 Apr 2020, 7:34 am
However, Governor DeSantis’s Executive Order 20-94 effectively halted all “mortgage foreclosures” in Florida for 45 days. [read post]
20 Mar 2013, 10:36 am
Last week the House introduced HB 13-1249 which is a bill that attempts to clean up the foreclosure issues that have plagued residential lenders. [read post]
22 Aug 2014, 1:34 am
* * * In addition to the matters relating to the securitization of toxic mortgages, today’s settlement also resolves claims arising out of misrepresentations made to government entities concerning the origination of residential mortgages. [read post]
9 Jul 2014, 9:51 am
Pursuant to a $7 billion settlement, on July 14, 2014, the United States Department of Justice announced that it had resolved federal and state civil claims related to Citigroup’s packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities (“RMBS”) prior to Jan. 1, 2009. [read post]
25 Mar 2015, 8:27 am
Oreste, president of KMC Mortgage Corporation of Florida (KMC Mortgage), a mortgage lending business in North Miami Beach, identified residential properties in South Florida that were for sale. [read post]
24 Jan 2020, 9:58 am
Residential Mortgage Loan Delinquencies and Loss Mitigation Efforts (§ 419.7) The Final Regulations include in this section a variety of delinquent loan servicing and loss mitigation requirements. [read post]
13 May 2021, 1:10 pm
The Respondents routinely interfered with clients’ relationships with their lenders by instructing clients to stop communicating with their lenders. [read post]
3 Nov 2021, 11:30 am
Is there safe harbor protection for residential mortgage debt? [read post]
27 Jul 2011, 9:36 am
In addition, communities nationwide will benefit from fewer foreclosures. [read post]
13 Jan 2015, 9:28 am
Ch. 244 Section 35A (b) provides that, “a mortgagor of residential property shall have a 150-day right to cure a default of a required payment as provided in the residential mortgage or note secured by the residential property[.] [read post]
17 Feb 2010, 7:33 pm
According to the Indictment filed in Manhattan federal court: From July through December of 2002, CHERICO participated in a fraudulent real estate investment scheme which had, as its primary objective, the purchase of multi-million dollar residential properties in various communities in Westchester County, New York, including Purchase, Eastchester, and Rye, with loans obtained through the submission of false and misleading information to banks and other lenders. [read post]
30 Jun 2013, 2:54 pm
This requirement may prove to be a source of confusion for many associations, so they should work closely with their legal counsel to ensure compliance. The following new residential disclosure requirements do not specifically pertain to community associations, but rather apply to most properties regardless of whether they are within community associations: Tourism Activity Zones (HB 1521): Pursuant to a new statute, Va. [read post]
24 Apr 2012, 3:09 pm
The definition of an MLO can be found in Section 22013(a) of the CFLL and Section 50003.5 of the CRMLA, which states in a pertinent part: "Mortgage loan originator" means an individual who, for compensation or gain, or in the expectation of compensation or gain, takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan…" Subsection (b)(7)(ii) of Appendix A of HUD’s final rule… [read post]
17 Dec 2014, 7:26 am
As shown at trial, between December 2005 and May 2008, co-defendant Karl Oreste, 56, Miramar, Florida, president of KMC Mortgage Corporation of Florida (KMC Mortgage), a mortgage lending business in North Miami Beach, identified residential properties in South Florida that were for sale. [read post]
30 Dec 2015, 7:06 pm
For example, GAO’s indicators suggest that residential mortgage loans as a fraction of assets have generally grown for banks of all sizes and for some smaller credit unions but have decreased for larger credit unions. [read post]
27 Apr 2012, 9:30 am
In fact, the next communication that it receives from Wells Fargo is one that, shockingly enough, is published by Wells Fargo to huge numbers of active participants in the mortgage industry. [read post]
27 Apr 2012, 9:30 am
In fact, the next communication that it receives from Wells Fargo is one that, shockingly enough, is published by Wells Fargo to huge numbers of active participants in the mortgage industry. [read post]
